Josue

Josue M. R. is a young man, only 19 years of age, and he already wants to become a small business owner.

He is originally from the rural community called Saino de Pital in Alajuela, a region in Costa Rica known internationally for its pineapple exports.

Even though there are large multinational exports of Costa Rican pineapples, the sale of pineapples locally is also very good. For this reason he has requested a loan in the amount of 600,000 (six hundred thousand colones) to start his pineapple plantation project. He will purchase pineapples and the necessary tools that he needs to have a better harvest.

Josue is a member of the Luz del Futuro Saino community bank, one of the 100 member organizations of Edesa (Kiva Field Partner) in Costa Rica. This is his second loan.

Additional Information

More information about this loan

As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.